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Share to Twitter Share to Linkedin When it comes to mobile-first populations, India leads the list. The country counts more than 1 billion active mobile subscriptions with a massive appetite for mobile apps and interaction. On a single day in December 2021, for example, an astounding 1.06 billion mobile subscribers were active on their phones. Fast forward to 2022, and the State of Mobile 2022 report by Data.ai , a market intelligence and decision-making platform for the mobile app economy, shows app downloads in India hit the highest levels yet. What's more, the report highlights an uplift in the two metrics that matter most to marketers: time and money spent on apps. Indian consumers spent roughly one-third of their waking hours on mobile, using their devices for an average of 4 hours and 42 minutes per day in 2021. Compare that to the average daily television viewership of around 3 hours and 17 minutes per day, and it's clear mobile is where the … [Read more...] about Targeting India’s Smaller Cities Paves The Way To Mobile Commerce Gold

- A + A KUALA LUMPUR (Aug 9): Leong Hup International Bhd's unit Leong Hup Feedmill Malaysia Sdn Bhd (LFM), one of the five feed millers recently issued with a proposed decision by the Malaysia Competition Commission (MyCC), said that MyCC has proposed to impose a financial penalty of RM157.47 million in the event LFM is found to have infringed the Competition Act 2010. In a filing with Bursa Malaysia on Tuesday (Aug 9), Leong Hup said that it provided the additional information for the purpose of clarity. Besides the RM157.47 million fine, Leong Hup also said that if LFM is found to have infringed the Act, MyCC proposed to direct LFM to undertake the following: i) to cease and desist from participating and engaging in the alleged anti-competitive horizontal agreement in relation to any discussion on price-related matters pertaining to chicken feed; ii) to submit monthly price-related matters to MyCC including the announcement of price adjustment to customers, a … [Read more...] about Leong Hup’s unit to be fined RM157.47 mil if found to have infringed Competition Act 2010

Representative image Impostor syndrome seems to be more common than actually thought, though at a collective level. People may often feel that the groups they are affiliated with may be underperforming in comparison to other groups. Although this self-critical approach may work in certain cases, it may also overlook the positives, and decrease the morale of those affiliated with the group. Many in India seem to have a collective/national-level impostor syndrome. While the Indian economy is much better placed than its peers in the emerging markets, and other economies, the government is being criticised on the economic front. The criticism comes when the fundamentals of the Indian economy are robust, despite the exogenous shocks caused by the COVID-19 pandemic, supply chain disruptions, monetary policy tightening by the US Federal Reserve, the Ukraine-Russia conflict, and inflated crude oil prices. India's macroeconomic health remains robust despite external pressures, and ongoing … [Read more...] about Bibek Debroy writes: India’s economy is better placed than its peers, other economies around the world

BIDEN DEEPLY UNPOPULAR WITH VOTERS… WSJ: Biden, Democrats Lose Ground on Key Issues, WSJ Poll Finds WASHINGTON—President Biden and his fellow Democrats have lost ground to Republicans on several of the issues most important to voters, a new Wall Street Journal poll finds, a troubling sign for the party seeking to extend its controlling majority of Congress for another two years. The new survey showed that 57% of voters remained unhappy with Mr. Biden’s job performance, despite favorable marks for the president’s response to the Russian invasion of Ukraine and a recent State of the Union speech, which provided him an opportunity to directly speak to millions of Americans. Just 42% said they approved of Mr. Biden’s performance in office, which was virtually unchanged from the previous Journal poll in mid-November. Meanwhile, Democratic advantages narrowed over Republicans on issues related to improving education and the Covid-19 response. A 16-percentage-point Democratic edge … [Read more...] about Editor Daily Rundown: Joe Biden Deeply Unpopular With Voters

U.S. stocks continued to claw their way back last week, especially growth stocks . For the week, the Nasdaq posted a gain of 2.2% and the S&P 500 rose 0.4%. The Dow? Not so much, sliding just 0.1%. A blowout jobs report for July offered up another dose of good news for the economy and not-so-good news for the stock market, but equity investors hung in there. U.S. employers added 528,000 jobs to their payrolls last month , which was more than twice what was expected, and that added credence to the Federal Reserve 's stance that the U.S. economy is not in a recession given the continued strength of the labor market. So, the thinking goes, the Fed will continue to be aggressive in raising interest rates to cool down inflation, because it's not impacting companies' willingness to hire. That led to a steep selloff in U.S. Treasurys, with the yield on the 10-year Treasury note ending the week at 2.83%. Oil prices continue to tumble, hitting their lowest level since early … [Read more...] about Live from InvestFest with Downtown Josh Brown, BitBoy Crypto, and Lamar Wilson

GAS LINES IN AMERICA… Four Governors Declare States Of Emergency Due To Gasoline Shortage Four governors declared states of emergency in response to gas shortages brought on by the Colonial Pipeline hack. Democratic North Carolina Gov. Roy Cooper declared a state of emergency on Monday due to his state’s gas shortage. Republicans Govs. Brian Kemp of Georgia and Ron DeSantis of Florida, and Democratic Virginia Gov. Ralph Northam declared states of emergency on Tuesday. Republican South Carolina Gov. Henry McMaster announced that he would not declare a new state of emergency because the state was already in one due to the COVID-19 pandemic. Kemp suspended Georgia’s gas taxes, while Cooper eliminated transportation regulations. McMaster instituted anti-price gouging laws. Virginia Republicans called on Northam to suspend the state’s gas tax. CBS NEWS… The South was being hit hardest. Late Monday, almost 6.5% of gas stations in Virginia were out of fuel, … [Read more...] about Editor Daily Rundown: Governors Declare States Of Emergency In Response To Gas Shortages

Share to Twitter Share to Linkedin President Donald Trump, first lady Melania Trump, right, Japanese Prime Minister Shinzo Abe and his ... [+] wife Akie Abe, left, at Mar-a-Lago club in April 2018. (AP Photo/Pablo Martinez Monsivais) Seated for photos with Japanese Prime Minister Shinzo Abe last Tuesday, Donald Trump couldn’t help but take in his overly extravagant, gilded living room. “Many of the world’s great leaders request to come to Mar-a-Lago,” Trump boasted from an ornate white couch during what was billed as the opening remarks for a bilateral meeting with Abe on trade and North Korea. “They like it; I like it.” The Palm Beach club has become the president’s favorite weekend getaway. It’s also one of the best investments he’s ever made. Trump purchased Mar-a-Lago in 1985 for about $10 million — $5 million for the massive home, a reported $3 million for its lavish furnishings, plus another $2 million for 400 feet of prime … [Read more...] about Donald Trump Has Gained More Than $100 Million On Mar-a-Lago